Global Rugged Equipment Market 2020-2024 | Insights on COVID-19 Impact, Emerging Opportunities, and Market Forecast | Technavio

The rugged equipment market is expected to grow by USD 5.73 billion, progressing at a CAGR of almost 3% during the forecast period.

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The growth of industrial end-users is one of the major factors propelling market growth. However, factors such as the high initial cost of procurement compared with non-rugged devices might hamper growth.

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Rugged Equipment Market: Product Landscape

Based on the product, the communication equipment segment led the market in 2019. This is due to the ability of rugged communication equipment to work in harsh environments in the military and industrial sectors. In addition, the increasing expenditure on defense by several countries is providing significant opportunities for vendors in the segment.

Rugged Equipment Market: Geographic Landscape

By geography, North America is expected to have lucrative growth during the forecast period. About 41% of the market's overall growth is expected to originate from North America. The market growth in the region is driven by the increased expenditure on defense in the US.

The US and Canada are the key markets for rugged equipment in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.

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Companies Covered:

• BAE Systems Plc
• Cobham Plc
• Curtiss-Wright Corp.
• L3Harris Technologies Inc.
• Kontron S&T AG
• Leonardo Spa
• Raytheon Technologies Corp.
• Siemens AG
• Sparton Rugged Electronics
• Singapore Technologies Engineering Ltd.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Communication equipment - Market size and forecast 2019-2024
• Computer systems - Market size and forecast 2019-2024
• Display - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• GMD - Market size and forecast 2019-2024
• Aerospace - Market size and forecast 2019-2024
• Industrial and commercial - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers ? Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BAE Systems Plc
• Cobham Plc
• Curtiss-Wright Corp.
• L3Harris Technologies Inc.
• Kontron S&T AG
• Leonardo Spa
• Raytheon Technologies Corp.
• Siemens AG
• Sparton Rugged Electronics
• Singapore Technologies Engineering Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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